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RBA Glossary definition for RITS

RITS – The Reserve Bank Information and Transfer System (RITS) was established in August 1991 and is operated by the Reserve Bank of Australia. RITS is Australia's Real-Time Gross Settlement (RTGS) system, which plays a central role in the Australian payments clearing and settlement system.

RITS is the means by which Exchange Settlement Accounts are accessed and membership is compulsory for all Australian-licensed banks and participants in the Reserve Bank's domestic market operations.

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Interlinking Fast Payment Systems for Cross-border Payments

23 Apr 2024 PDF 2747KB
The HVCS and RITS are closed on weekends and for periods outside of business hours. ... payments are accepted and settled in RITS (which is open longer for other types of payments).
https://www.rba.gov.au/payments-and-infrastructure/pdf/report-interlinking-fast-payment-systems-for-cross-border-payments-april-2024.pdf

Reserve Bank of Australia Annual Report 2023

8 Feb 2024 RBA Annual Report - 2023 PDF 9570KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/rba-annual-report-2023.pdf

Assessment of ASX Clearing and Settlement Facilities - October 2023

5 Feb 2024 PDF 701KB
Assessment of ASX Clearing and Settlement Facilities. October 2023. 1. Executive Summary 1. 2. Overview of Ratings, Recommendations and Areas of Supervisory Focus 2. 3. Developments 5. 4. Special Topic – The Current CHESS 14. 5. Special Topic –
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2022-2023/pdf/report-2022-2023.pdf

RITS regulations

21 Nov 2023 PDF 1234KB
RITS REGULATIONS. RITS REGULATIONS. Issued 6 November 2023 — Effective 20 November 2023 page i. ... ANNEXURE A 68. Terms Applicable to RITS Regulations Repos 68. ANNEXURE B 91.
https://www.rba.gov.au/payments-and-infrastructure/rits/user-doc/pdf/regulations.pdf

RITS regulations (superseded 20 November 2023)

21 Nov 2023 PDF 2516KB
ANNEXURE A 68. Terms Applicable to RITS Regulations Repos 68. ANNEXURE B 89. ... rsede. d. RITS REGULATIONS. Issued 3 April 2023— Effective 15 April 2023 page 1.
https://www.rba.gov.au/payments-and-infrastructure/rits/user-doc/pdf/rits_regulations_superseded_20November2023.pdf

Memorandum of Understanding for Procedures for Liaison Between Reserve Bank of Australia and Australian Payments Network Limited

7 Nov 2023 PDF 2146KB
In addition, the RBA communicates with AusPayNet during RITS incidents, and acts as the crisis communications facilitator for major disruptions to AusPayNet administered frameworks. ... 2. 12. At least two times a year, Payments Settlements Department
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/pdf/mou-between-rba-and-auspaynet-2023-10-17.pdf

RBA Editorial Style Guide D21/245776 GENERAL 1 RBA Editorial ...

2 Nov 2023 PDF 997KB
RBA Editorial Style Guide. D21/245776 GENERAL 1. RBA Editorial Style Guide. August 2023. RBA Editorial Style Guide. D21/245776 GENERAL 2. Version Control. Version 2. Date 27 August 2023. Document Approver. Document Administrator. Document Control ID
https://www.rba.gov.au/information/foi/disclosure-log/pdf/232411-editorial-style.pdf

Reserve Bank of Australia Annual Report 2023

18 Oct 2023 RBA Annual Report - 2023 PDF 516KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/governance-and-accountability.pdf

Reserve Bank of Australia Annual Report 2023

17 Oct 2023 RBA Annual Report - 2023 PDF 333KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/management-of-the-reserve-bank.pdf

Requirements for Access to the RITS User Interface

16 Oct 2023 PDF 83KB
This connection will be used for connectivity to both RITS and the Austraclear System. ... 4. Connectivity requirements for RITS are outlined below:. Criteria Connection Model and Requirements.
https://www.rba.gov.au/payments-and-infrastructure/rits/user-doc/pdf/connectivity-requirements.pdf